EAST WINDSOR, N.J.,
April 10, 2024 /PRNewswire/ --
Greenland Technologies Holding Corporation (Nasdaq: GTEC)
("Greenland" or the "Company"), a
technology developer and manufacturer of electric industrial
vehicles and drivetrain systems for material handling machineries
and vehicles, today announced completion of its initial sales
delivery to Maryland's Port of
Baltimore of the Company's HEVI
GEL-5000 all-electric front loader. The sales are part of a bid
Greenland won in 2023, under which
Greenland will help facilitate the
Port of Baltimore's ambitious plan
to electrify port equipment.
The HEVI GEL-5000 was purpose-designed to not only improve
working conditions for operators but also significantly reduce the
cost of ownership. The HEVI GEL-5000 is a 5.0 ton rated load
all-electric lithium wheeled front loader that boasts strong power,
approximately 40,000 pounds operating weight and increased payload
options, making it a clean, green front loader with 9 hours of
operation time per charge.
The all electric front loader sets new standards, offering
operators numerous advantages, such as simplicity in maintenance,
zero operating emissions, and an enhanced overall experience,
making it ideal for both indoor and outdoor usage, including
construction, mining, agriculture, industrial, urban construction,
waste management, property management and more. Customers can learn
more about the HEVI GEL-5000 Electric Wheel Front Loader or
schedule a demo at www.gethevi.com.
About Greenland Technologies Holding Corporation
Greenland Technologies Holding Corporation (NASDAQ: GTEC) is a
developer and a manufacturer of drivetrain systems for material
handling machineries and electric vehicles, as well as electric
industrial vehicles. Information on the Company's clean industrial
heavy equipment division can be found at HEVI Corp.
Safe Harbor Statement
This press release contains statements that may constitute
"forward-looking statements." Such statements reflect Greenland's current views with respect to
future events and are subject to such risks and uncertainties, many
of which are beyond the control of Greenland, including those set forth in the
Risk Factors section of Greenland's Annual Report on Form 10-K filed
with the U.S. Securities and Exchange Commission ("SEC"). Copies
are available on the SEC's website, www.sec.gov. Words such as
"expect," "estimate," "project," "budget," "forecast,"
"anticipate," "intend," "plan," "may," "will," "could," "should,"
"believes," "predicts," "potential," "continue," and similar
expressions are intended to identify such forward-looking
statements. These forward-looking statements include, without
limitation, Greenland's
expectations with respect to future performance. In addition, there
is uncertainty about the further spread of the COVID-19 virus or
the occurrence of another wave of cases and the impact it may have
on the Company's operations, the demand for the Company's products,
global supply chains and economic activity in general. Should one
or more of these risks or uncertainties materialize, or should
assumptions underlying the forward-looking statements prove
incorrect, actual results may vary materially from those described
herein as intended, planned, anticipated or expected. Statements
contained in this news release regarding past trends or activities
should not be taken as a representation that such trends or
activities will continue in the future. Greenland does not intend and does not assume
any obligation to update these forward-looking statements, other
than as required by law.
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SOURCE Greenland Technologies Holding Corporation